Fields, Gary S; Yoo, Gyeongjoon - In: Review of Income and Wealth 46 (2000) 2, pp. 139-59
Over the last twenty-five years, the economy of the Republic of Korea achieved a remarkable growth rate of 7 percent per year in real per capita income, causing it to be labeled, justifiably, as a "miracle economy." This exceptional economic growth has been accompanied by an even more...